Bank Negara Malaysia published its latest reserves statistics, reporting international reserves of USD128.3 billion as at 27 February 2026. The reserves position was stated as sufficient to finance 4.7 months of imports of goods and services and equivalent to 0.9 times the total short-term external debt. The short-term external debt ratio combines reserves data as at 27 February 2026 with short-term external debt data as at 4Q 2025, with the debt valued using the 4Q 2025 exchange rate. Bank Negara Malaysia described short-term external debt as non-resident borrowing with maturity of one year or less, accounted for mainly by resident banks’ foreign-currency liquidity operations and multinational corporations’ borrowing from overseas parents or headquarters, and noted these obligations are typically met from external asset holdings and do not pose claims on its international reserves; under the previous import-coverage measure, reserves would cover 5.8 months of retained imports of goods.
Bank Negara Malaysia 2026-03-06
Bank Negara Malaysia reports international reserves of USD128.3 billion as at 27 February 2026
Bank Negara Malaysia reported international reserves of USD128.3 billion as of 27 February 2026, sufficient to finance 4.7 months of imports and equivalent to 0.9 times the total short-term external debt. This debt, mainly from resident banks and multinational corporations, is usually met from external asset holdings, posing no claims on the reserves. Under the previous import-coverage measure, reserves would cover 5.8 months of retained imports.